Avid Bioservices Inc (CDMO)

[PPHMVERYLONG]

This is Roth two and a half years ago:


We have a high confidence level that the tenor of partnering discussions will continually intensify now that the 3mg/kg arm is known to be unchanged with an impressive survival benefit. We believe mgt. will be very diligent in trying to deliver a partnership prior to the start of Phase III by the end of the year. We believe that a partnership will deliver 3 important results:
1) major third party validation for bavi.
2) having a major player at the regulatory “table” to take part in the Phase III design talks.
3) the expectation of important cash infusions in theform of an upfront payment and milestone payments



AS I SAID, I HAVE HEARD IT ALL BEFORE. IF I HAD A DOLLAR EVERYTIME I HEARD IT, I WOULD BE A RICH MAN.